No Direct Exchange Of Safety For Cost In BP Spill: Panel

Law360, New York (November 8, 2010, 7:08 PM EST) -- A federal inquiry into the Deepwater Horizon explosion that sent millions of barrels of oil spilling into the Gulf of Mexico has not yet revealed a specific instance of decision makers sacrificing safety for cost leading up to the disaster, according to the chief counsel for the National Oil Spill Commission.

“There's a complex matrix here, and the matrix is they want to be efficient and they don't want to waste money, but they don't want their buddies to be killed, or themselves,” Fred Bartlit said...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.